Collective Mining Commences Drilling at the Plutus Target in Search of a Copper and Gold Rich Porphyry System

TORONTO, Aug. 29, 2024 /PRNewswire/ - Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce that a maiden drill program is now underway in the southern portion of the Plutus Target ("Plutus"), which is one of a series of high-impact targets located within the Company's Guayabales Project located in Caldas, Colombia. Additionally, positive assay results from the now completed reconnaissance drill program at the Box Target are included herein.  The Company currently has five drill rigs operating at the Guayabales Project as part of its fully funded and on-schedule 40,000-meter drilling program for 2024.

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